High-Yield Bonds
Name
|
Ticker
|
Morningstar Rating for Funds
Overall
|
Medalist Rating
Overall
|
Total Return
1 Year
|
Total Return
3 Year
|
Total Return
5 Year
|
|---|---|---|---|---|---|---|
| American Funds American High-Inc 529-F-2 | FAHHX | 10.92% | 2.94% | — | ||
| Rxljgzgg Cckzp Fgzxhwgh Nbhj-Cxt 544-S-4 | MHVM | 10.97% | 2.98% | — | ||
| Pmsfhbgb Hpvtz Yndcyyfn Kkzb-Rhl M73 | SPRVL | 13.09% | 3.32% | 5.04% | ||
| MzbscDyhy Vfbg Xvfvh Llzw Hnf | TCBRH | 11.66% | 2.35% | 4.19% | ||
| Prctnfd Zlgy-Vrcl | JYYBR | 12.60% | 3.98% | 5.80% | ||
| Tbpnlxnt Tvkprbzns Nclzx Rnzttmyn PY Hf | SCNJ | 7.55% | 2.52% | 3.27% | ||
| Fzczsbqj Gshjsgt & Trchchflf | CQVS | 14.03% | 3.80% | 6.82% | ||
| Vzzsqjjd YGL Kwdk Drnslhqmf | SFXH | — | 11.08% | 1.39% | — | |
| Zvjwrsft Dndxb Htjmtcjl Zfrz Zqzcdmxvy | SCFZQ | 10.14% | 2.62% | 3.31% | ||
| TKK Mjgn Lvgjq K | ZCMQHJ | 11.45% | — | — | ||
| Zvplbmk & Hdmsbc Bbgl Hmflq Jxfc C | JPYK | 13.59% | 4.43% | 5.98% | ||
| Yhfdsyz & Rtgnfn Rqqw Tthqd Xldt WHX | YBSSG | 14.49% | 5.26% | 6.84% | ||
| Nhgysynlp Lkcfkz Kysq Xflqbc Lyvw LHJ | CKCDC | 11.84% | — | — | ||
| Ppgnrb Fqwc Psqdh Bcbbrfvsv | JGLJXK | 11.86% | 2.22% | 3.30% | ||
| PGN Rxsp Zbhpp (BQLG) Hrn Sgwl Srmrknydy | XMSPL | 13.78% | 3.98% | 5.89% | ||
| Jhbthz Mcxs Kwdkkp Pmdqd | GFZZH | — | — | — | ||
| Ffqsvldt Qmdzwkz Hdrtr Jpy Hg Wlb MBB | SCLBNG | 7.88% | 3.33% | 3.46% | ||
| Q. Tcmg Pnjyy Mjbbqv Srnkhdynbzbdf | LQLRZ | 11.93% | 2.93% | 4.45% | ||
| M. Crtx Hkkpq Gwkjzr Sbjxbcsvwdpkf Ql | KZZKH | 11.64% | 2.71% | 4.31% | ||
| T. Ntbb Pdvpj Gmqtwd Vmdw Vrxnms Xz | ZXLRGC | 12.80% | 1.22% | 3.56% | ||
| H. Xkyq Dbhlp Nxsvxh Vjrt Zprxbp Gd Ldy | RGHZG | 12.55% | 1.01% | 3.36% | ||
| Z. Vyss Pgyqy Qnrm Zctr | DNRML | 11.14% | 1.79% | 3.64% | ||
| Q. Xzmh Rrvcg Gnrf Fpwpp K | DDDKY | 10.65% | 1.48% | 3.33% | ||
| Q. Tyjc Fvtsw HJ Rcvl Vlwnbhx | PMNMXV | 12.31% | 0.92% | 3.70% | ||
| L. Rngk Vnhyt KG Ywdc Kpmkf Ssfttk | WYDFWF | 12.14% | 0.76% | 3.55% | ||
| Sxclcmvd Wwzn Cqhhl P | HFMG | 9.40% | 1.64% | 2.91% | ||
| Rvtvfgtckf Vvjs Mpqpn PCXC | TXBK | 10.26% | 1.81% | 3.22% | ||
| Wtjpslbn Wzxq-Pyvqx Dgzgkjqdz Dxbmjx | NLCQR | 9.52% | 1.76% | 3.65% |
List Criteria
High-Yield Bond
Funds in this Morningstar category have at least 65% of assets in bonds rated below BBB.
Medalist Funds (Gold, Silver, or Bronze)
The Medalist Rating for funds reflects our forward-looking assessment of a fund’s ability to outperform its peer group (funds in the same category) and benchmark on a risk-adjusted basis over the long term. We assign the ratings on a five-tier scale with three positive (Medalist) ratings of Gold, Silver, and Bronze; a Neutral rating; and a Negative rating. If a fund receives a Gold, Silver, or Bronze rating, it means that Morningstar analysts expect it to outperform over a full market cycle of at least five years.
Open to New Investment
All the funds on this list are open for new investment. Sometimes mutual funds will close to new investors when the fund is receiving more money than the management team believes it can invest effectively. Closing a fund under these circumstances is usually considered investor-friendly, as funds that get too big can sometimes suffer performance problems later. Even though new investors can’t get into closed funds (so such funds are not included here), closed funds that are rated Gold, Silver, or Bronze may be worth putting on a watch list.
Share Class Exclusions Applied
Many fund families offer multiple versions of the same fund but with variations on the sales fees that are charged and/or investor qualifications. In some cases, certain share classes may be for institutions (such as company retirement funds) or otherwise have a high investment minimum. We've limited our list to funds that are primarily used by and available to individual, or retail, investors.